Asia stocks stagger up from lows, mood fragile

  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Asian shares bounced on Monday as a wave of bargain hunting swept beaten-down markets and China reported no new locally acquired COVID-19 cases for the first time since July, though the mood remained brittle overall.

"Our base case is that the FOMC will announce a taper in September if the August non‑farm payrolls is strong," said Joseph Capurso, head of international economics at CBA.

That is in marked contrast to the European Central Bank which is under pressure to add more stimulus, giving the dollar a leg up on the euro. The single currency was trading at $1.1714 , after losing 0.8% last week to touch 10-month lows at $1.1662. The dollar index was trading at 93.323 having hit a 10-month peak of 93.734 last week.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in BE

Belgique Dernières Nouvelles, Belgique Actualités